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Ships stand under construction in this aerial photograph taken above the Hyundai Heavy Industries Co. shipyard in Ulsan, South Korea, on Wednesday, July 29, 2015. (SeongJoon Cho/Bloomberg / MANILA BULLETIN)

South Korea to inject $2.6B into ailing shipyard Daewoo

By Associated Press South Korea announced Thursday a fresh capital injection for Daewoo Shipbuilding & Marine Engineering Co., seeking to prevent the world's second-largest shipbuilder…

Philippine Ports Authority logo (MANILA BULLETIN)

PPA sees flat cargo and revenues in 2017

By Emmie V. Abadilla   Despite a banner year in 2016, the Philippine Ports Authority (PPA) is overhauling its 2017 forecast and expects this year’s…